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Patricia und Joe Payne are divorced. The divorce settlement stipulated that Joe pay $525 a month for their daughter Suzanne until she turns 18 in

Patricia und Joe Payne are divorced. The divorce settlement stipulated that Joe pay $525 a month for their daughter Suzanne until she turns 18 in 4 years. How much must Joe set aside today to meet the settlement? Interest is 6% a year LU 13-2 (l)

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